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Author Topic: why altcoin is a bad investing?  (Read 3872 times)
ayurvedicurea2growtaller (OP)
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July 09, 2017, 06:07:53 PM
 #1

Hi everyone prefers bitcoin and litecoin. i am curious to know why altcoin is a bad investing?
xbiv2
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July 09, 2017, 06:10:15 PM
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williamevanl
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July 09, 2017, 08:31:02 PM
 #3

It's so strange, it seems this entire board is now non-native speakers...
watemp
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July 09, 2017, 09:02:25 PM
 #4

>>williamevanl

You are right! Smiley

World is wide...
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July 09, 2017, 10:00:19 PM
 #5

Regardless of bitcoin's ups and downs, the technology behind it—particularly the blockchain, the common ledger that the virtual currency uses—could have a long-lasting impact as a medium of exchange.
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July 09, 2017, 10:11:43 PM
 #6

As all the altcoins are crap and are a result of somebody else's greed of quick money by doing premine or whatever they like to do with it, but they don't understand is that in the end bitcoin is gonna outperform all the altcoins.

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July 09, 2017, 10:44:17 PM
 #7

All of the coin in crypto is same, there is a volatility that can make the price of the altcoin gets down anytime as fast as possible, There are some whales try to dump just in a second to manipulate the market.
Bitcoin and litecoin were including on it.  Tongue

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July 09, 2017, 11:50:40 PM
 #8

Can something be done about xbiv2?
He's spamming the forum with images that mean to destroy Litecoin's credibility.

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watemp
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July 09, 2017, 11:51:13 PM
 #9

Where did you get that altcoin's are bad investments? They're just young.
vuvanle120
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July 09, 2017, 11:53:47 PM
 #10

Where did you get that altcoin's are bad investments? They're just young.

High risk = high reward. They are unproven until they shoot to the moon!

speaktome
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July 10, 2017, 12:04:28 AM
 #11

Hi everyone prefers bitcoin and litecoin. i am curious to know why altcoin is a bad investing?
Well just remember that LTC is an altcoin also,although that BTC it is a much safer option,maybe not all alts are a bad investment,but what is certain is that you should never invest more than you are willing to lose,
because any kind of investment carries an inherent risk class,also I do not know where you get out that everyone prefers LTC as second option,maybe that was a long time ago.   

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Taki
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July 10, 2017, 12:11:32 AM
 #12

Etherum is on the top of the news now because of it's progressive growth. I hold couple of Litecoins and I don't understand why you are so pessimistic about it, it is growing today and I think it has all chances to become one of the most profitable investment.
xbiv2
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July 10, 2017, 12:14:27 AM
 #13


Russlenat
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July 10, 2017, 09:02:41 AM
 #14

For me investing in some alt-coin is not a bad thing because you're old enough to handle such things of investment, some investor get high profit of there investment because they trust the alt-coin.

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July 10, 2017, 09:28:12 AM
 #15

Where did you get that altcoin's are bad investments? They're just young.
I don't like attitude that "there can be only one" because it is false. We need alts and they are necessary for diversity and stability.
Can something be done about xbiv2?
He's spamming the forum with images that mean to destroy Litecoin's credibility.
Only thing he will destroy this way is his reputation, don't worry, who else listen to fuders?
High risk = high reward. They are unproven until they shoot to the moon!
Only if you look at things black and white. Some Projects are fantastic and working on solutions for some problems which are not so important today but tomorrow will be most important. Such as privacy.

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July 10, 2017, 09:28:48 AM
 #16

the results of investing should be the profit but in crytocurrency world nothing to sure for the profit especially for altcoins not just like investing on the physical such as the property that almost ensure the price always grow for every year but altcoins doesn't provide us guarantee will get the profit for every year so i think this is one of the cause that investing on the altcoins is a bad thing
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July 10, 2017, 11:24:09 AM
 #17

Let me tell one thing, which coin sees use in real shopping? There isn't nearly single altcoin (other than exceptions) that you can use outside web.
But bitcoin is valid money in countries like Japan and services like Steam. There is huge difference noone ever think of.
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July 10, 2017, 11:50:50 AM
 #18

Hi everyone prefers bitcoin and litecoin. i am curious to know why altcoin is a bad investing?
Its not always bad there are some few coins thats gives morethan x10 profit for investors, the best thing you should know first is which coin is good to buy and  what coin will give you high profit.
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July 10, 2017, 12:13:07 PM
 #19

I see everything from from decentralised travel to decentralised water purification both possible but is there really any point, not everthing needs a blockchain, mostly scammy devs and shill with a hunger for btc, you get the odd diamond in the rough but 90 percent are dog shit, take a look and coinmarketcap.com and see, things bubble up coz btc rallies, how much support is REALLY there waiting to buy Huh
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July 10, 2017, 01:34:58 PM
 #20

Not all altcoins are a bad investment. Probably many altcoins are not long-lived and tend to be scam, but there are some altcoins (like eth, lite, etc.) that have a future and are profitable. I also trade and sometimes invest in altcoins, especially eth. I can also get a good profit from it. So although a lot of altcoin is very bad for investment but not all of them.
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